Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, US spot Bitcoin and Ether exchange-traded funds (ETFs) opened the week with over $750 million in outflows after last Friday’s massive crypto crash, Bhutan migrated its national ID system from Polygon to Ethereum, and California enacted a new law setting guardrails on AI chatbots.
Spot Bitcoin and Ether ETFs in the United States saw combined outflows of more than $755 million on Monday following record crypto liquidations over the weekend.
Bitcoin (BTC) ETFs recorded a net outflow of $326.52 million, according to SoSoValue data. Fidelity’s Wise Origin Bitcoin Fund (FBTC) saw the largest outflow at $93.28 million, while Grayscale’s Bitcoin Trust (GBTC) recorded a $145.39 million outflow.
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